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    Property profile & analytics

    7362 State Rd 57 Newberry, IN 47449

    • Auto shops
    • 29,440 SF
    • 8.68 lot acres
    OFF-MARKET
    Value Estimation
    $625,000
    Last Sale
    Mar 18, 2025
    Location Intelligence
    Property ID
    US31-2983270
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 7362 State Rd 57

    Year built
    1976
    Construction
    TYPE NOT SPECIFIED
    Lot size
    8.68 lot acres
    Property size
    29,440 SF
    Property type
    Auto shops
    APN
    28-14-35-000-003.000-002
    APU
    281435000003000002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newberry
    County
    Greene
    State
    Indiana
    Longitude
    -87.0368
    Latitude
    38.9107
    CBSA code
    14020
    CBSA name
    BLOOMINGTON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,157
    $65,400
    $635,700
    $701,100
    -
    $65,400
    $635,700
    $701,100

    Comparable in this City

    • Value Estimation by Request
      9,360 SF

      Griffin Rd

      AUTO REPAIR, GARAGE • 9,360 SF
      Griffin Rd, Newberry, IN 47449
      View Details
    • Value Estimation by Request
      0.09 Acres

      Broad St

      PARKING LOT • 0.09 Acres
      Broad St, Newberry, IN 47449
      View Details
    • Value Estimation by Request
      2,232 SF

      5th Broad Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,232 SF
      5th Broad Hwy, Newberry, IN 47449
      View Details
    • Value Estimation by Request
      1,760 SF

      2nd St

      RETAIL STORES (PERSONAL SERVICES) • 1,760 SF
      2nd St, Newberry, IN 47449
      View Details
    • Value Estimation by Request
      0.20 Acres

      Broad St

      VACANT COMMERCIAL LAND • 0.20 Acres
      Broad St, Newberry, IN 47449
      View Details
    • Value Estimation by Request
      192 SF

      3rd St

      OFFICE (GENERAL) • 192 SF
      3rd St, Newberry, IN 47449
      View Details

    Similar Nearby for Sale

    • $6,700,000
      6.10 Acres

      Modern Hotel Near Crane Naval

      72-room hotel near Crane Naval Base and I-69.
      7834 Progress Way, Newberry, IN 47449
      View Details
    • $6,700,000
      6.10 Acres

      Modern Hotel Near Crane Naval

      72-room hotel near Crane Naval Base and I-69.
      7834 Progress Way, Newberry, IN 47449
      View Details
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    7362 State Rd 57
    Newberry, IN 47449
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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